Market indices maintained the negative trend which began on Monday on the equities market as the all share index dropped further by 0.72% to close at 39,022.52 points being 283.95 points lower than Monday’s 39,306.47 points.
The market capitalisation also dropped by N148 billion to close at N20.339 trillion as against N20.487 trillion on Monday.
Investors traded 204,646 million shares worth N1.84 billion in 3,940 deals on Tuesday.
Top on the gainers list for the day was ABC Transport which gained N0.04k to close at N0.44k,then Inits Plc appreciated by N0.04k to close at N0.44k and Eterna gained N0.72k to close at N7.97k.
On the flip side, Portpaints led the losers list as it lost N0.27k to close at N2.47k,followed by Champions which lost N0.21k to close at N1.96k then SCOA motors lost N0.20k to close at N1.95k.
Mercy Chukwudibere
Zenith bank was the most active stock on Tuesday as it traded 18,543,383 million shares worth N435.531 million and it was followed by Access bank with 11,498,736 million shares valued at N94,605 million.
On sectoral performances, the Consumer goods index declined by 0.50%,Insurance index dropped by 1.36% and the Industrial index dropped by 2.57% while the banking index appreciated by 0.32% and the oil and gas index rose by 0.26%.
